Across the country, drivers are discovering that the cars in their driveways are worth less […] ...
More drivers owe way more than their cars are worth and it’s hard to see things improving soon ...
More car buyers are finding themselves in a tough spot financially. According to a recent report from Edmunds, more than 26% of new-vehicle trade-ins in the second quarter of 2025 had negative equity ...
Negative equity is when you owe more on a car than the car is worth, leaving you “upside down” or “underwater” on your loan. This continues to be a growing problem, as is the amount of negative equity ...